Petco Health and Wellness recorded higher sales and profits in the first quarter, as comparable sales increased by more than 5% compared to the previous year. The pet food and health company posted a profit of $ 24.7 million for the 13 weeks to April 30, up from $ 7.6 million a year ago. Earnings […]
Tag: Petco
Petco Announces IPO Pricing At $18 Per Share, Exceeds Expectations
Pet chain Petco announced the pricing of its IPO of 48 million shares of Class A common stock at a price of $18 per share, beyond the expected range of $14 to $17, valuing the company at $4.6 billion.